BAUM MARK L 4
Research Summary
AI-generated summary
Harrow (HROW) CEO Mark L. Baum Buys 10,000 Shares
What Happened
- Mark L. Baum, Chief Executive Officer of Harrow, Inc. (HROW), acquired 10,000 shares on 2026-05-14 in an open-market purchase. The reported weighted-average price was $30.20 per share, for a total transaction value of approximately $302,000. This was a purchase (an acquisition), which investors often view as a more informative, potentially bullish action than routine sales.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-15 (timely reporting).
- Transaction type/code: Purchase (P) — open-market acquisition.
- Shares acquired: 10,000 at a weighted-average price of $30.20; total ≈ $302,000.
- Price range: The filing footnote states the shares were bought in multiple trades at prices ranging from $30.18 to $30.34; the $30.20 figure is a weighted average.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Reporting person will provide on request the breakdown of purchases by individual price within the stated range.
- No indication of a 10b5-1 plan, gift, option exercise, or tax-withholding in this filing.
Context
- This is a straightforward open-market purchase by the CEO. Purchases by insiders can signal confidence but are only one data point; they do not guarantee future performance. The filing appears timely (filed the next day), and the footnote clarifies the purchase prices were executed across multiple trades.